Today's Managers Are Beginning to Think in Terms of Business

question 26

Multiple Choice

Today's managers are beginning to think in terms of business process.A business process cuts across which functional areas of operation?

• A)Marketing and Sales
• B)Supply Chain Management
• C)Accounting and Finance
• D)Human Resources
• E)All of the above

---

Definitions:

Affordable Care Act

A comprehensive health care reform law enacted in March 2010 in the United States, aimed at expanding health insurance coverage, reducing health care costs, and improving health care system efficiency.

Inefficiencies

Situations where resources are not used in the most productive way, often leading to waste or a loss of potential value.

PPOs

Stands for Preferred Provider Organizations, a type of health insurance plan that offers a network of healthcare providers from which policyholders can choose for their medical care, often at a discounted rate.

HMOs

Health Maintenance Organizations that provide health insurance coverage using a network of doctors, hospitals, and other healthcare providers.